Former Petrobras Executive Held in Brazil Corruption Probe

January 14, 2015 3:51 PM

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Another former director of Brazil's state-run oil company was taken into custody on Wednesday as part of an investigation into an alleged massive corruption scheme at Petrobras, federal prosecutors said.

The Federal Prosecutor's Office said in a statement that Nestor Cervero was detained Wednesday morning after arriving from Great Britain. He is a former financial director of the company's fuel distribution subsidiary.